Earlier this week, the U.S. Commerce Department concluded its preliminary investigations into imports of quartz surface products from China and it has found that exporters are receiving countervailable subsidies ranging from 34.38 to 178.45 percent.
As a result of the findings, the Commerce Department has asked the U.S. customs and border patrol (CBP) agency to collect cash deposits from importers of the item based on these preliminary rates. The final decision will come by January next year.
The investigation was initiated based on petitions filed by Cambria Company LLC (Eden Prairie, MN).
According to the department’s calculations, the imports of quartz surface products from China were valued at an estimated $460 million in 2017.
Under President Trump, the U.S. Commerce Department has significantly stepped up its investigations into foreign malpractices in trade and the number of investigations initiated are 221 percent more than the previous administration.


South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
FxWirePro: Daily Commodity Tracker - 21st March, 2022
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Thailand Inflation Remains Negative for 10th Straight Month in January 



